Colosseum raises $60M to support Solana’s hackathon teams
The capital will fund pre-seed investments for teams accepted into Colosseum’s Accelerator program.
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SEC first pausing crypto lawsuits with imminent deadlines: Report
According to Fox Business’ Eleanor Terrett, this partly explains why the agency hasn’t paused actions against Ripple and Kraken.

Bitcoin low volume sparks BTC price warning as metric hits ‘value zone’
Bitcoin (BTC) price action may be “unsustainably high” as one metric hits its highest levels in seven months.Data from on-chain analytics firm Glassnode confirms that on Dec. 21, Bitcoin’s network value to transaction (NVT) signal reached levels not seen since April.Bitcoin activity may not support $17,000 BTC priceCreated by statistician Willy Woo, NVT essentially measures…

Injective launches $150M ecosystem fund to boost DeFi, Cosmos adoption
“DeFi has proven to be a resilient and reliable option for users in the face of the overarching CeFi collapse in 2022,” said Eric Chen, CEO of Injective Labs. 1020 Total views 20 Total shares Own this piece of history Collect this article as an NFTInjective, a layer-1 blockchain protocol founded in 2018, has launched…

USDe stablecoin issuer Ethena raises $100M to launch new token — Report
Ethena Labs founder Guy Young previously announced plans to roll out iUSDe — a product designed for regulated financial institutions — in January.

Uniswap moves closer to a new five million UNI airdrop
The Uniswap community is voting on its second-ever governance proposal to distribute 5 million governance tokens to users who interacted with the DEX via a third-party platform. 406 Total views 7 Total shares The second-ever governance proposal for the Uniswap decentralized exchange (DEX) is more than halfway to reaching a quorum with a little over…

Buterin Proposes Bitcoin Cash Integration to Scale Ethereum in Short Term
Ethereum co-founder Vitalik Buterin has proposed to use the Bitcoin Cash blockchain as a temporary scalability solution for the Ethereum network. The programmer introduced a summary of the idea in a July 13 post on the Ethereum Research.As previously reported, the Ethereum network has experienced some scalability issues, with its native blockchain capable of processing…

WazirX gets Singapore court approval to repay victims of $235M hack
WazirX’s restructuring plan, approved by the Singapore High Court, paves the way for restoring user funds stolen in a $235 million hack linked to North Korea’s Lazarus Group.

Ether price eyes $3K as exchanges’ ETH balances drop to an all-time low
Ethereum’s on-chain movements indicate bullish pressure building around Ether as its exchange balances reached an all-time low and staking deposits keep surging. Ether’s (ETH) technical charts suggest that the asset can reclaim $3,000 if buyers are able to push above the resistance between $1,900 and $2,000.ETH held on exchanges hits an all-time low Exchange balances for…